Originally Posted by
Carl Spackler
You know, I've always found these kind of claims to be extraordinary. This is trading like nobody I've ever heard of actually accomplishing. You would make this an even more popular thread if you'd post your method.
Carl
I've done what dalad has done, it's considered the safe way to profit from the VIX moves. The issue is that due to the nature of these ETF's, the taxes basically negated any gains, although I never did it through a ROTH.
Basically, you simply buy SVXY after a large spike in the VIX starts to abate, and especially after the government agrees to some form of bailout(QE, TARP, etc).
Shorting UVXY is a bit tricky, it mostly involves shopping around for shares to short. I suggest not touching UVXY in any way, unless you are a pro.